Canara Robeco Manufacturing Fund - NFO Overview
Canara Robeco AMC has come out with NFO of " Canara Robeco Manufacturing Fund ", which is an open-ended sectoral / thematic equity scheme following Manufacturing sector / theme. NFO Period : February 16 - March 01 2024. Why invest in Manufacturing themed equity fund now ? - The world was becoming heavily dependent on China, for all its manufacturing needs till now. The Covid-19 pandemic and resulting lockdowns all over the world, led to supply chain disruptions and resulted in Inflationary conditions globally. This forced the global companies to think of China+1 strategy, to mitigate the risk resulting from concentrated manufacturing in one geography/country. - Volatile Geo-political situation is leading to diversification of manufacturing supply chains across globe - India with its existing manufacturing ecosystem, availability of talented workforce will be huge beneficiary of this global phenomenon of supply chain diversification in c...